Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1959 and is headquartered in New York, New York.
Griffon Dividend Announcement
• Griffon announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-28
• Griffon annual dividend for 2024 was $0.45
• Griffon annual dividend for 2023 was $2.50
• Griffon's trailing twelve-month (TTM) dividend yield is 0.94%
• Griffon's payout ratio for the trailing twelve months (TTM) is 18.59%
• Griffon's dividend growth over the last five years (2018-2023) was 14.28% year
• Griffon's dividend growth over the last ten years (2013-2023) was 37.30% year
Griffon Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-28 | $0.15 | quarterly | 2024-09-19 |
| 2024-05-29 | $0.15 | quarterly | |
| 2024-02-28 | $0.15 | quarterly | 2024-03-21 |
| 2023-11-27 | $0.15 | quarterly | 2023-12-14 |
| 2023-08-22 | $0.12 | quarterly | 2023-09-14 |
| 2023-05-24 | $0.12 | quarterly | 2023-06-15 |
| 2023-05-08 | $2.00 | quarterly | 2023-05-19 |
| 2023-02-22 | $0.10 | quarterly | 2023-03-23 |
| 2022-11-28 | $0.10 | quarterly | 2022-12-16 |
| 2022-08-17 | $0.09 | quarterly | 2022-09-15 |
| 2022-07-07 | $2.00 | quarterly | 2022-07-20 |
| 2022-05-18 | $0.09 | quarterly | 2022-06-16 |
| 2022-02-22 | $0.09 | quarterly | 2022-03-23 |
| 2021-11-26 | $0.09 | quarterly | 2021-12-16 |
| 2021-08-18 | $0.08 | quarterly | 2021-09-16 |
| 2021-05-19 | $0.08 | quarterly | 2021-06-17 |
| 2021-02-17 | $0.08 | quarterly | 2021-03-18 |
| 2020-11-24 | $0.08 | quarterly | 2020-12-17 |
| 2020-08-19 | $0.07 | quarterly | 2020-09-17 |
| 2020-05-20 | $0.07 | quarterly | 2020-06-18 |
| 2020-02-19 | $0.07 | quarterly | 2020-03-19 |
| 2019-11-26 | $0.07 | quarterly | 2019-12-19 |
| 2019-08-21 | $0.07 | quarterly | 2019-09-19 |
| 2019-05-23 | $0.07 | quarterly | 2019-06-20 |
| 2019-02-20 | $0.07 | quarterly | 2019-03-21 |
| 2018-11-28 | $0.07 | quarterly | 2018-12-20 |
| 2018-08-22 | $0.07 | quarterly | 2018-09-20 |
| 2018-05-24 | $0.07 | quarterly | 2018-06-21 |
| 2018-03-28 | $1.00 | quarterly | 2018-04-16 |
| 2018-02-21 | $0.07 | quarterly | 2018-03-22 |
| 2017-11-28 | $0.07 | quarterly | 2017-12-21 |
| 2017-08-22 | $0.06 | quarterly | 2017-09-21 |
| 2017-05-24 | $0.06 | quarterly | 2017-06-22 |
| 2017-02-21 | $0.06 | quarterly | 2017-03-22 |
| 2016-12-01 | $0.06 | quarterly | 2016-12-22 |
| 2016-08-23 | $0.05 | quarterly | 2016-09-22 |
| 2016-05-25 | $0.05 | quarterly | 2016-06-23 |
| 2016-02-23 | $0.05 | quarterly | 2016-03-23 |
| 2015-12-01 | $0.05 | quarterly | 2015-12-23 |
| 2015-08-18 | $0.04 | quarterly | 2015-09-23 |
| 2015-05-20 | $0.04 | quarterly | 2015-06-25 |
| 2015-02-24 | $0.04 | quarterly | 2015-03-26 |
| 2014-12-01 | $0.04 | quarterly | 2014-12-23 |
| 2014-08-19 | $0.03 | quarterly | 2014-09-24 |
| 2014-05-21 | $0.03 | quarterly | 2014-06-26 |
| 2014-02-25 | $0.03 | quarterly | 2014-03-27 |
| 2013-12-03 | $0.03 | quarterly | 2013-12-24 |
| 2013-08-23 | $0.03 | quarterly | 2013-09-25 |
| 2013-05-23 | $0.03 | quarterly | 2013-06-26 |
| 2013-02-25 | $0.03 | quarterly | 2013-03-27 |
Griffon Dividend per year
Griffon Dividend growth
Griffon Dividend Yield
Griffon current trailing twelve-month (TTM) dividend yield is 0.94%. Interested in purchasing Griffon stock? Use our calculator to estimate your expected dividend yield:
Griffon Financial Ratios
P/E ratio15.78
PEG ratio-2.34
P/B ratio13.37
ROE73.83%
Payout ratio18.59%
Current ratio2.50
Quick ratio1.39
Cash Ratio0.35
Griffon Dividend FAQ
How much is the next Griffon dividend?
Griffon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Griffon dividend. The next Griffon dividend will be released in February, May, May, August, or November.
When is Griffon dividend paid?
Griffon pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Griffon pay?
The specific amount of Griffon dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Griffon's dividend history.
Does Griffon stock pay dividends?
Yes, Griffon does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Griffon's dividend history.
How much dividend does Griffon pay?
Griffon paid $0.45 in 2024, $2.5 in 2023, $2.37 in 2022, $0.33 in 2021, and $0.305 in 2020.
How often does Griffon pay dividends?
Griffon typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, May, August, and November.
What is Griffon's dividend yield?
The current dividend yield for Griffon is 0.94%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Griffon's exact dividend yield.
When does Griffon go ex dividend?
Griffon's ex-dividend date for the latest dividend was on 2024-08-28. Griffon typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Griffon dividend paid?
Griffon pays dividends on a quarterly basis, typically around February, May, May, August, or November, but the exact dates can vary each year.
Will Griffon increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Griffon will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Griffon dividend per share?
Griffon paid $0.45 per share in 2024 and $2.5 per share in 2023. The amount of dividend per share that Griffon pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Griffon a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Griffon a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Griffon a dividend stock?
Yes, Griffon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Griffon a good dividend stock?
Whether Griffon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Griffon has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Griffon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Griffon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Griffon pay dividends monthly?
Griffon typically pays dividends on a quarterly basis.
Does Griffon pay dividends quarterly?
Griffon currently pays dividends on a quarterly basis.
Has Griffon ever paid a dividend?
Yes, Griffon has a history of paying dividends to its shareholders. Griffon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Griffon dividend stocks?
To buy Griffon you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Griffon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Griffon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Griffon pay dividends 2024?
Griffon pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Griffon increase its dividend in 2024?
Decisions regarding Griffon dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Griffon dividend overview you can look into the above table of dividend history.
How Griffon dividend works?
The Griffon dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Griffon's dividend process works:
1. Determination of Dividend: Griffon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Griffon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Griffon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Griffon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Griffon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Griffon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Griffon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Griffon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Griffon dividends paid?
Griffon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Griffon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Griffon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Griffon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Griffon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Griffon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Griffon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Griffon pay dividends?
Griffon typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Griffon pay dividends?
The general pattern is that Griffon pays dividends around February, May, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Griffon dividend safe?
The safety of Griffon's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Griffon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Griffon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Griffon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Griffon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.